Most expensive cities for business travellers

Melbourne has a highly diversified economy with particular strengths in finance, manufacturing, research, IT, education, logistics and transportation and tourism.

It is a major financial centre, has the country’s biggest port, and is also the industrial centre of Australia. Melbourne is headquarters for many of Australia's largest corporations and also for major the country’s major banks.

Click NEXT to read more…

Image: Sailboats and yachts are seen in front of the Melbourne skyline.Photographs: Mick Tsikas/Reuters

Most expensive cities for business travellers

London is one of the pre-eminent financial centres of the world and vies with New York City as the most important location for international finance. London has over 480 overseas banks, more than any other city in the world.

The city is also home to some of the biggest financial institutions including London Stock Exchange and Bank of England. And, 75 per cent of the Fortune 500 companies have offices in London.

Click NEXT to read more…

Image: The Canary Wharf financial district is seen from the top of the ArcelorMittal Orbit in the London 2012 Olympic Park in east London.Photographs: Ki Price/Reuters